US-based food security company Blumberg Grain has been awarded a project by the Nigerian Federal Ministry of Agriculture and Rural Development to expand food security and storage in the African country.
The new project will see deployment of Blumberg Grain warehousing systems and technology, primarily the Arctic Vault and Grain Vault product lines for perishable and dry storage, respectively.
Blumberg Grain West Africa CEO David Blumberg said that as the most important agriculture market in West Africa, Nigeria is a priority market for Blumberg Grain.
"This is the first phase of a large scale storage project to assist farmers throughout Nigeria, reduce post-harvest losses and boost agricultural output. The full project is one of largest in all of Africa, including cold storage for perishables as well as grain and other dry storage," Blumberg added.
The latest project award marks the first stage of the initial order called for in a letter of intent signed by the two parties.
The deal also confirms the food security firm's plan to build a manufacturing plant and export hub for West Africa in Nigeria, which will serve as a production facility for the company's food storage warehousing systems, while generating over 1,000 new jobs in the country.
